With an ever-lower cost of debt, the economy has had a hidden tailwind pushing it long between 1981 to 2020. Now that interest rates are again rising, the danger is that a substantial portion of this debt bubble may collapse. My concern is that the economy may be headed for an incredibly hard landing because […]
Buried in the comments of the last post we discussed human overshoot and what should be done about it. I proposed our goal should be to minimize suffering and that the best path to achieving this goal is awareness of Ajit Varki’s Mind Over Reality Transition (MORT) theory. My view, in summary, is that when […]
Jeff Rubin som tidigare var chefsekonom på CIBC World Markets, har kommit ut med en ny bok ”The End of Growth”. Hans tes är att det är det är oljan som drivkraften i tillväxten, inte ränta eller regeringars utgifter.
Loading...